Module Details

Module Code: ACCT8006
Title: Corporate Governance
Long Title: Corporate Governance
NFQ Level: Advanced
Valid From: Semester 1 - 2016/17 ( September 2016 )
Duration: 1 Semester
Credits: 5
Field of Study: 3440 - Accounting, Auditing and Accountability
Module Delivered in: 1 programme(s)
Module Description: Corporate Governance is the set of processes, customs ,policies, laws and institutions affecting the way a company is administered or controlled. There are a number of themes in corporate governance which will be explored in this module
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Explain the factors leading to the introduction of systematised corporate governance, and the rationale for governance procedures
LO2 Distinguish between shareholders and stakeholders,and the significance of potential conflicts of interest for corporate governance
LO3 Outline the roles of internal audit,the audit committee and the renumeration committeee in an internal control system
LO4 Describe how corporate governance procedures are being implemented
LO5 Describe the frameworks,codes and systems of corporate governance for listed companies as well as international developments in corporate governance.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
N/A
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
N/A
 
Indicative Content
Theoretical perspectives on corporate governance
Understanding the potential conflicts of interest between owners,managers,directors and other stakeholders Explain the issues that triggered the introduction of systematised corporate governance procedures Define and discuss the meaning of corporate governance from a variety of different national perspectives
Key governance frameworks
Understand the ongoing debate regarding governance, including the implications of the Cadbury,Greenbury,Hampel and Turnbull reports Understand the main areas covered by the OECD Principles of Corporate Governance
Implications of Corporate Governance for Organisations
Identify and discuss the roles of executives,non-executives,internal and external auditors,audit committees,remuneration committees et in implementing good governance Discuss the statutory requirements for the implementation and reporting of corporate governance procedures
Risk Governance
Estimate and explain how the organisation assesses the extent of its willingness to take risk in order to meet its strategic and business objectives.
Module Content & Assessment
Assessment Breakdown%
Coursework30.00%
End of Module Formal Examination70.00%

Assessments

Coursework
Assessment Type Presentation % of Total Mark 30
Timing Week 8 Learning Outcomes 1,2
Assessment Description
Group presentation/project - Project assigned Week 4 eg Shareholder V Stakeholder Theory, Corporate Governance Perspectives
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 70
Timing End-of-Semester Learning Outcomes 1,2,3,4,5
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Theory Every Week 3.00 3
Independent & Directed Learning (Non-contact) Non Contact Assessment and study Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Theory Every Week 1.50 1.5
Independent & Directed Learning (Non-contact) Non Contact Assessment and study Every Week 5.50 5.5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 1.50
 
Module Resources
Recommended Book Resources
  • David W.Duffy. (2014), A Practical Guide to Corporate Governance, First. Chartered Accountants Ireland, Dublin, [ISBN: 9781908199843].
Supplementary Book Resources
  • Solomon. (2013), Corporate Governance And Accountability, Fourth. Wiley, London, [ISBN: 9781118449].
  • Monks,Minow. (2011), Corporate Governance, 5th. Wiley, London, [ISBN: 9780470972].
Recommended Article/Paper Resources
  • Lorraine Sweeney. (2007), "Corporate social responsibility in Ireland: barriers and opportunities experienced by SMEs when undertaking CSR",, Corporate Governance: The international journal of business in society, Vol. 7 Iss 4, p.516.
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BACCT_8 Bachelor of Business (Honours) in Accounting 8 Group Elective 1